Asset Management vs. Property Management
Maximizing the performance and value of the company’s portfolio of real estate assets that are owned and/or managed through acquisitions, dispositions, or operations.
Formulating and implementing a long-range real estate asset management and/or fund management strategy.
Safe operation and maintenance of a real estate as well as its systems.
Possible systems to be maintained will include the HVAC, mechanical, electrical, and plumbing as well as technology.
Coordinate and manage a team of employees or contractors designated to maintain each operating system.
|Entry and exit strategic||Tenant relations and retention|
|Budgeting||Contract and vendor management|
|Market & economic forecasting||Lease compliance and administration|
|Inventory analysis||Client accounting|
|Transaction structuring management||Transaction enforcement|
|Financial analysis, modeling and reporting||Tenancy planing and structuring|
|Market research||Policies and contracts enforcement|
|maximize ROI and property value||Handle the day-to-day management activities of properties|